End of day analysis for Gold 18-02-2021
Economies.com
2021-02-18 18:26PM UTC
Gold price resumed its negative trading after testing 1785.00 level, to keep the bearish trend scenario active for the upcoming period, as it approached our first waited target at 1765.00, and we expect the continuation of the bearish bias to visit 1740.00 as a next station, noting that holding below 1785.00 represents the first condition to achieve the suggested targets.
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